Watch: Fox News says falling fuel prices are bad for gas station owners

Watch: Fox News says falling fuel prices are bad for gas station owners
Tigard, OR, USA - Oct 21, 2021: Closeup of the fuel price sign at a Shell gas station in Tigard, Oregon. Oil prices reach multi-year highs as a result of tight global supply and strengthening demand (Shutterstock).

Fox News hosts complained on Monday's edition of America Reports that gas prices are declining too quickly, despite having sung with the chorus of conservatives across the country that has been demanding that President Joe Biden do everything in his power to ease the pain at the pump.

Congressional Republicans in May unanimously voted against legislation that would have curtailed price gouging by fossil fuel producers.

But for Fox and its right-wing audience, all is still bad, even as consumers finally get a break.

READ MORE: Robert Reich outlines three ways Democrats can lower gas prices

"I was at a lacrosse tournament up in Wilmington, Delaware over the weekend. In Delaware and Northern Maryland, regular gas is anywhere from about $4.55 to $4.80 a gallon, so the price is beginning to creep back down," host John Roberts said.

Anchor Martha MacCallum then chimed in, opining that lower costs of fuel are bad for "mom-and-pop" gas station owners.

"It is, it is, and the point was made over the weekend – I believe it was The Wall Street Journal – that gas prices are actually coming back down historically faster with the price of oil than usual, and it just goes to show you what an incredible risk/reward calculation has to happen on the part of those small, independently-owned, most of them, mom-and-pop gas stations. It's a struggle for all of them," said MacCallum.

"Yeah, still a long way from $3.55 a gallon, but maybe some movement in that direction," Roberts remarked.

READ MORE: 'The absolute worst excuse': Kevin McCarthy roasted for blaming gas prices on the January 6th investigation

Watch here via The Daily Beast's Justin Baragona.

In his report in The Daily Beast, Baragona noted that "according to both GasBuddy and the American Automobile Association, the price average national price of a gallon of regular unleaded gas has dropped nearly 40 cents since hitting its peak of $5.02."

Baragona also pointed out that "the WSJ article that Smith referenced reported that gasoline prices quickly falling is 'creating new headaches for the mom-and-pop entrepreneurs and other independent operators who run roughly half of U.S. gas stations,' adding that station owners risk 'losing money on every new fuel order' they place."

Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal
{{ }}
@2022 - AlterNet Media Inc. All Rights Reserved. - "Poynter" fonts provided by